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Random Thoughts (Thomas Sowell)
Creators Syndicate ^ | February 10, 2009 | Thomas Sowell

Posted on 02/10/2009 10:42:15 AM PST by jazusamo

Random thoughts on the passing scene:

One of the most important skills for political success is the ability to make confident assertions of absurdities or lies.

The adage "follow the money" will be hard to apply in the current administration, when there is so much money going in all directions that it is doubtful whether anybody can follow it.

I hate to hear about "partnerships" between government and business, or between government and other organizations. When there is a partnership between an ant and an elephant, who do you suppose makes the decisions?

There are too many people, especially among the intelligentsia, who will never appreciate the things that have made this country great until after those things have been destroyed— with their help. Then, of course, it will be too late.

How can a President of the United States be re-elected in a landslide after four years when unemployment never fell below 15 percent for even one month during his first term? Franklin D. Roosevelt did it by blaming it all on the previous administration. Barack Obama may be able to achieve the same result the same way.

Can you name the only baseball player to bat .382 in his last year in the major leagues? The first five readers who can will receive a free copy of my new book, "Applied Economics."

Do you want to have to jump through bureaucratic hoops when you are sick? If not, why would you be in favor of government-run medical care?

The "Wall Street Journal Report" is one of the few things on television worth watching. It is worth it just to see the sardonic smile of Kimberly Strassel whenever she discusses politics.

Democrats could sell refrigerators to Eskimos before Republicans could sell them blankets.

Anyone who wants to understand the housing crisis without getting a headache from reading economic jargon should read the new book "Financial Shock" by Mark Zandi.

Human beings are going to make mistakes, whether in the market or in the government. The difference is that survival in the market requires recognizing mistakes and changing course before you go bankrupt. But survival in politics requires denying mistakes and sticking with the policies you advocated, while blaming others for the bad results.

I know that there are still voices of sanity around because I have counted them— on one hand.

More frightening to me than any policy or politician is the ease with which the public is played for fools with words. The latest example is the "Employee Freedom of Choice Act," a bill that will do away with secret ballot elections among workers voting on whether to be represented by a union. It is an open invitation to intimidation— which is to say, loss of freedom of choice.

Our economic problems worry me much less than our political solutions, which have a far worse track record.

One of the wonders of our times is how much more attention is paid to the living conditions of a bunch of cut-throats locked up in Guantanamo than to the leading international sponsor of terrorism getting nuclear weapons.

The great sense of urgency of the Obama administration to get legislation to authorize slow-moving spending projects may seem inconsistent. But the urgency is real, even if the reasons given are not. The worse case scenario for the administration would be to have the economy begin to recover on its own before this massive spending bill is passed, reducing their chances of creating the kind of politically directed economy they want.

I realized how far behind the times I am when I saw a TV commercial for some weight-loss product, showing Marie Osmond "before" and "after." I thought she looked great "before."

War should of course be "a last resort"— but last in terms of preference, not last in the sense of hoping against hope while dangers grow, and wishful thinking or illusory agreements substitute for serious military preparedness— or, if necessary, military action. As Franklin D. Roosevelt said, "If you wait until you see the whites of their eyes, you will never know what hit you."


TOPICS: Culture/Society; Editorial
KEYWORDS: randomthoughts; sowell; thomassowell
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1 posted on 02/10/2009 10:42:16 AM PST by jazusamo
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To: abigail2; Alia; Amalie; American Quilter; arthurus; awelliott; Bahbah; bamahead; Battle Axe; ...
*PING*
Thomas Sowell

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2 posted on 02/10/2009 10:43:21 AM PST by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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To: jazusamo
I have to disagree with the esteemed Dr. Sowell on this minor point:

I realized how far behind the times I am when I saw a TV commercial for some weight-loss product, showing Marie Osmond "before" and "after." I thought she looked great "before."

I thought she looked better WAY before, but that wasn't in the commercial.

3 posted on 02/10/2009 10:45:56 AM PST by Pearls Before Swine (Is /sarc really necessary?)
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To: jazusamo

There are too many people, especially among the intelligentsia, who will never appreciate the things that have made this country great until after those things have been destroyed— with their help.


4 posted on 02/10/2009 10:54:08 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: jazusamo

BO’s speech last night.

(paraphrased as I understood the message)

“This problem started with bankers taking way to much riks in greedy endeavors”

“We cannot repeat the lending mistakes of the past...The days of 0% down and lending to folks that can’t afford the mortgage have to end.”

“We need to loosen the credit markets and the banks need to lower their standards to get lending flowing again.”

“Once we are out of this economic problem, we will have to address the lending standards that caused all this.”

I had to take some asprin after the speech.


5 posted on 02/10/2009 10:54:59 AM PST by Tenacious 1 (Democrats are for Change - Let's run through a mine field at night wearing clown shoes!)
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To: george76

Right on the money, george.


6 posted on 02/10/2009 10:59:33 AM PST by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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To: jazusamo

The great sense of urgency of the Obama administration to get legislation to authorize slow-moving spending projects may seem inconsistent. But the urgency is real, even if the reasons given are not. The worse case scenario for the administration would be to have the economy begin to recover on its own before this massive spending bill is passed, reducing their chances of creating the kind of politically directed economy they want.

This.


7 posted on 02/10/2009 11:00:02 AM PST by aureliusss (who is John Galt?)
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To: jazusamo
Do we have a clearer, better thinker than Dr. Sowell in the political realm? My guess is "No". Maybe 4 or 5 that are his equals, or close. Maybe a dozen that play in the same league. But better? No.
8 posted on 02/10/2009 11:00:08 AM PST by chesley (A pox on both their houses. I've voted for my last RINO.)
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To: Tenacious 1

I probably should have listened to it but couldn’t bring myself to do it.

From what you posted it sounds like he talked in circles, the RATS caused it from pressuring lenders from what I’ve read.


9 posted on 02/10/2009 11:02:57 AM PST by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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To: chesley

I couldn’t agree more.


10 posted on 02/10/2009 11:04:40 AM PST by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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To: jazusamo

??
“Can you name the only baseball player to bat .382 in his last year in the major leagues? The first five readers who can will receive a free copy of my new book, “Applied Economics.”

How old is this article? I read “Applied Economics” a couple of years ago (after reading “Basic Economics,” which I think was far better. If you only read one of them, I recommend “Basic Economics”).


11 posted on 02/10/2009 11:05:29 AM PST by Ghost of Philip Marlowe (The Free Market: the ultimate community event.)
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To: jazusamo

War should of course be “a last resort”— but last in terms of preference, not last in the sense of hoping against hope while dangers grow, and wishful thinking or illusory agreements substitute for serious military preparedness— or, if necessary, military action. As Franklin D. Roosevelt said, “If you wait until you see the whites of their eyes, you will never know what hit you.”

very wise words


12 posted on 02/10/2009 11:06:29 AM PST by Le Chien Rouge
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To: Mrs. B.S. Roberts; CaptainAmiigaf

Some good thoughts.


13 posted on 02/10/2009 11:07:32 AM PST by Bloody Sam Roberts (All the oil's in Texas...but all the dipsticks are in Washington, DC.)
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To: jazusamo

“But survival in politics requires denying mistakes and sticking with the policies you advocated, while blaming others for the bad results.”

And by stating over and over and over that your policy failed because your opponents prevented enacting it to a “greater degree”. That degree is an abstract goal that can never be reached.


14 posted on 02/10/2009 11:07:33 AM PST by Ghost of Philip Marlowe (The Free Market: the ultimate community event.)
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To: Ghost of Philip Marlowe

This piece is brand new, he must mean his newest book.


15 posted on 02/10/2009 11:08:40 AM PST by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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To: jazusamo

Hussen is a complete koo koo bird, totally devoid of conscience, power crazed and twisted emotionally, narcissistic and not a leader. He has as his primary goal the complete degradatin ofAmerica


16 posted on 02/10/2009 11:09:06 AM PST by yldstrk (My heros have always been cowboys--Reagan and Bush)
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To: jazusamo
"The great sense of urgency of the Obama administration to get legislation to authorize slow-moving spending projects may seem inconsistent. But the urgency is real, even if the reasons given are not. The worse case scenario for the administration would be to have the economy begin to recover on its own before this massive spending bill is passed..."

That's also what I think about global warming -- they are in a panic to get cap and trade, etc. passed, before the cooling trend becomes obvious, or before the whole global warming scam exposure filters down to the average TV viewer.

17 posted on 02/10/2009 11:10:11 AM PST by Old_Grouch (61 and AARP-free)
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To: jazusamo

The adage “follow the money” will be hard to apply in the current administration, when there is so much money going in all directions that it is doubtful whether anybody can follow it.

Loved this random thought!


18 posted on 02/10/2009 11:15:14 AM PST by pinkpanther111
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To: yldstrk

I have to agree, his effect on our country will be a high price to pay because so many PC idiots were taken in by a conman.


19 posted on 02/10/2009 11:15:46 AM PST by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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To: Old_Grouch

That’s a good comparison, they’ll have a full court press to get it passed.


20 posted on 02/10/2009 11:17:38 AM PST by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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